Effective coordination and innovation-facilitating role of science parks: The place-based approach with paradoxical outcomes

Ying Zhu, Ryan W Tang and Ke Xing
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Ryan W Tang: Australian Centre for Asian Business, University of South Australia, Adelaide, SA, Australia
Ke Xing: School of Engineering, University of South Australia, Adelaide, SA, Australia

Australian Journal of Management, 2023, vol. 48, issue 1, 171-195

Abstract: The place-based regional industrial strategies provide a novel approach to examining the role of science parks in enhancing regional innovation with place-based policies. With qualitative interviews and case analyses, this study investigates how a place-based science park affects innovation activities of technology-focused companies. Our research findings demonstrate paradoxical nature with both positive and negative aspects of firms’ strategies that cope with obstacles such as the lack of funding for R&D and weak policy on IP protection. These obstacles hinder the collaboration on innovation and strengthen the effect of economic uncertainty on companies’ short-term survival orientation. Important implications for both theory and practice are discussed with possible future research directions identified. JEL Classification: O32, M10, M38

Keywords: Innovation; paradoxical outcomes; place-based approach; science park; technology-focused companies (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ausman:v:48:y:2023:i:1:p:171-195

DOI: 10.1177/03128962221098134

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